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imported>Doug Williamson |
imported>Doug Williamson |
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| A commonly used standardised contract between counterparties trading OTC derivatives.
| | Within the legal power or authority of a person, official or body. |
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| :<span style="color:#4B0082">'''''ISDA Master Agreements - other provisions'''''</span>
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| :"... extra provision required by the parties... may include:
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| :escrow provisions to address potential problems arising from time differences between the places to which each party makes payments (i.e. one party could make a payment at the time it is obliged to do so in the relevant time zone but then fail to receive payment due to it from the other party); in this situation provision can be made for a third party to hold payments “in escrow” and only release a payment when it has received the corresponding payment from the other party."
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| :''The Treasurer's Wiki - Derivatives documentation''
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| == See also == | | == See also == |
| * [[Collateral]] | | * [[Ultra vires]] |
| * [[Credit support annex]]
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| * [[Derivative]]
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| * [[Derivative instrument]]
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| * [[Derivatives documentation]]
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| * [[GMRA]]
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| * [[ISDA]]
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| * [[MNA]]
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| * [[OTC]]
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| [[Category:Accounting,_tax_and_regulation]] | | [[Category:Compliance_and_audit]] |
| [[Category:The_business_context]]
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| [[Category:Financial_products_and_markets]]
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Revision as of 11:39, 25 January 2014
Within the legal power or authority of a person, official or body.
See also